News

APAC’s affluent move $700b to digital wealth management

APAC’s affluent move $700b to digital wealth management

These firms are adopting hybrid models that combine digital tools with limited human assistance.

Half of CEOs globally prioritise new business ventures

60% are eager to pursue generative artificial intelligence-enabled ventures.

APAC automotive aftermarket wear and tear market to grow 3.7% through 2028

Factors like accident rates and driving patterns will drive growth.

Banks gain 50% more tech capacity with productivity focus

Generative AI tools to streamline tasks can yield productivity gains of up to 30%.

S. Korea leads mobile game scores in East Asia as 5G improves gaming experience

The country led the Game Score with 90.06 out of 100 during H1 2024.

Finance trails in active gen AI adoption despite broad corporate uptake: report

The report cited issues over data accuracy, security risks, and use-case selections.

What is the potential impact of Trump 2.0?

Singapore faces the steepest challenges due to its highly open economy.

Insurance firms lag in climate committees

Yet, 70% of firms view climate risk as central.

APAC consumers anxious about future despite AI optimism

Across the region, 68% view AI as having a positive impact on the world.

NSW issues new planning framework for RE development

This includes five new and updated guidelines.

4 key factors driving innovation in the spirits industry

Millennials and Gen Z are increasingly driving spirits sales.

SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024

Q3 2024’s weighted new business premiums grew by 18.2% YoY.

4,800 phishing incidents monthly in India's banks

Banks use GenAI apps at a lower rate than other sectors, likely due to stricter controls.

Asia’s commercial insurance rates dip 4% in Q3 2024

Global commercial insurance rates fell by 1% in Q3 2024.

Over half of insurers penalised for errors

58% of respondents said it takes over five months to implement a rule change.